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Homebuilding Interest (Tables)
9 Months Ended
Jun. 30, 2012
Interest Costs Incurred [Abstract]  
Rollforward of capitalized homebuilding interest
The following table summarizes the Company’s homebuilding interest costs incurred, capitalized, expensed as interest expense, charged to cost of sales and written off during the three and nine months ended June 30, 2012 and 2011:
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
(In millions)
Capitalized interest, beginning of period
 
$
81.1

 
$
88.6

 
$
79.2

 
$
91.5

Interest incurred
 
31.1

 
31.4

 
87.2

 
100.5

Interest expensed:
 
 
 
 
 
 
 
 
Directly to interest expense
 
(6.2
)
 
(10.1
)
 
(18.7
)
 
(41.0
)
Amortized to cost of sales
 
(24.7
)
 
(25.3
)
 
(66.4
)
 
(65.7
)
Written off with inventory impairments
 
(0.1
)
 
(0.2
)
 
(0.1
)
 
(0.9
)
Capitalized interest, end of period
 
$
81.2

 
$
84.4

 
$
81.2

 
$
84.4